Suthee FCCA - Arogo Capital Chief Officer
| AOGODelisted Stock | USD 10.95 0.00 0.00% |
Insider
Suthee FCCA is Chief Officer of Arogo Capital Acquisition
| Age | 57 |
| Phone | 786 442 1482 |
| Web | https://arogocapital.com |
Arogo Capital Management Efficiency
The company has return on total asset (ROA) of (0.0339) % which means that it has lost $0.0339 on every $100 spent on assets. This is way below average. Arogo Capital's management efficiency ratios could be used to measure how well Arogo Capital manages its routine affairs as well as how well it operates its assets and liabilities.Arogo Capital Acquisition currently holds 1.56 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Arogo Capital Acquisition has a current ratio of 4.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Arogo Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Arogo Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arogo Capital Acquisition sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arogo to invest in growth at high rates of return. When we think about Arogo Capital's use of debt, we should always consider it together with cash and equity.
Arogo Capital Acquisition Corp. does not have significant operations. Arogo Capital Acquisition Corp. was incorporated in 2021 and is based in Miami, Florida. Arogo Capital is traded on NASDAQ Exchange in the United States. Arogo Capital Acquisition [AOGO] is a Pink Sheet which is traded between brokers over the counter. Arogo Capital is listed under Trading category by Fama And French industry classification. Management Performance
| Return On Asset | -0.0339 |
Arogo Capital Acquisition Management Team
Elected by the shareholders, the Arogo Capital's board of directors comprises two types of representatives: Arogo Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arogo. The board's role is to monitor Arogo Capital's management team and ensure that shareholders' interests are well served. Arogo Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Arogo Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Suthee FCCA, Chief Officer | ||
| Suradech Taweesaengsakulthai, CEO Director | ||
| Han Chee, Chief Officer |
Arogo Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Arogo Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Asset | -0.0339 | ||||
| Current Valuation | 48.33 M | ||||
| Shares Outstanding | 4.35 M | ||||
| Shares Owned By Insiders | 18.00 % | ||||
| Shares Owned By Institutions | 37.25 % | ||||
| Number Of Shares Shorted | 14.83 K | ||||
| Price To Book | 4.14 X | ||||
| EBITDA | (1.36 M) | ||||
| Net Income | 1.46 M | ||||
| Cash And Equivalents | 213.49 K |
Pair Trading with Arogo Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arogo Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arogo Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Arogo Pink Sheet
| 0.37 | DUET | DUET Acquisition Corp | PairCorr |
| 0.36 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.34 | DPCS | DP Cap Acquisition | PairCorr |
| 0.33 | DIST | Distoken Acquisition | PairCorr |
| 0.31 | DTSQ | DT Cloud Star | PairCorr |
The ability to find closely correlated positions to Arogo Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arogo Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arogo Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arogo Capital Acquisition to buy it.
The correlation of Arogo Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arogo Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arogo Capital Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arogo Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Arogo Pink Sheet
If you are still planning to invest in Arogo Capital Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arogo Capital's history and understand the potential risks before investing.
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